Nokia does not want to put all the eggs in one basket after all! Why? Is it worried about the basket or it's peers.

Nokia is again devel­op­ing a pro­pri­etary smart­phone oper­at­ing sys­tem after announc­ing this past Feb­ru­ary that it would aban­don both Sym­bian and MeeGo in favor of Microsoft’s Win­dows Phone plat­form. Cit­ing mul­ti­ple anony­mous sources, The Wall Street Jour­nal on Wednes­day report­ed that Nokia’s exec­u­tive vice pres­i­dent of mobile phones, Mary McDow­ell, is head­ing up the project. Code-named “Meltemi,” the new mobile plat­form is report­ed­ly Linux-based and it is intend­ed for use on low-end smart­phones. BGR has inde­pen­dent­ly con­firmed the report, and we have learned addi­tion­al details that paint an excit­ing new pic­ture of the mobile indus­try should Nokia’s new OS real­ize its poten­tial.